Well, it isn't as bad as what was proposed for you pied a terre owners, but the City of Vancouver has passed a resolution to raise the amount of the Empty Homes Tax from 1% to 1.25% in 2020 and another .25%/annum for the following 2 years. Full story below: https://www.vancouverisawesome.com/2019/11/28/empty-homes-tax-increase-2020-vancouver/ Declarations must be made by February 4th, 2020 for the 2019 tax year: https://vancouver.ca/home-property-development/empty-homes-tax.aspx
28-11-2019
British Columbia Tax Mania
Missing the small businesses which once made your neighbourhood so interesting and livable and charming? Well get ready to lose more of them as the BC NDP government expands its tax to death scheme to include school tax and speculation tax on the airspace above many Mom and Pop shops. Read Dan Fumano's article on the predicament here
15-05-2019
British Columbia Tax Mania